you've exchanged some e-mails with aubrey mcclendon?asically congratulations for the quarter, and he said thanks of course and the stock is up 10% and he feels as he said in the conference call, they're hitting their operational stride. either way he had one of the warmest winters in the last 100 years. that's great for nat gas pricing. so if the stock keeps moving up 10% and periodic installments he will stay there. he's still a great -- the issue with the shorts is chesapeake won't be able to sell enough assets. so that's what they're betting on right now it doesn't look like they're right at least today. >> murphy the stock's been moving up. is mcclendon's reputation getting a boost as well? >> i think it is. i think the longer time passes the further that gets put behind the company and mcclendon and like steve said, if the stock is going to continue to be strong and chesapeake is up in the high 20s, we're not going to be talking about mcclendon at all. i think there is upside in chesapeake for two reasons. one, i think natural gas

that's not necessarily because mcclendon all of a sudden got the gospel.se carl icahn got involved and you know, as opposed to having a long, prolonged hostile situation with ca, the board had to make changes. is it the worst board in the country or in the world now? no. it's not the worst board now because they've made the changes. but they weren't made because mcclendon all of a sudden decided, hey, we've got religion here. >> oh, no absolutely not. thanks, gary. >> you got it. >> meantime refined gasoline futures jumping in the aftermath of that fire at california's third largest processing facility. our sharon epperson has the latest. future still up? >> even though the fire is out, traders are now trying to assess the aftermath of the fire and how long it could take to repair the distillation unit. as a result we're looking at gasoline futures that are rising here up over 1%. 207ing $297 a gallon. but it's the california spot market that's really on a tear. where prices are up over 30%. about a 10% jump from yesterday's session there in that stock mar

. >> until there are some serious changes made with the board, the cronyism, and maybe mcclendon steppingsee any reason why you would want to wade into controversy here unless you know something the rest of us don't. i've consistently said steer clear of red flags and look at something like conoco where the story is a lot more straight forward. the valuation makes sense and you don't have probes and the justice department, and questions about self-healing and all these things that you don't want to get involved with. >> if you thought competing against high speed computers was nearly impossible now our next guest says the battle is getting more one-sided. sean burly is a co-founder of kid.com. he says the real problem with high frequency trading is the algorithms are getting faster and smarter than you. thanks for joining us. >> nice to be here. >> so investors are left out in the cold? >> if you're a human, yeah, it's kind of tough to compete. >> how are they getting faster, smarter? >> faster is things like you know, better access to data with colocation facilities. flash based memory f